Equatorial Resources Ltd

AU:EQX Australia Steel
Market Cap
$16.28 Million
AU$26.29 Million AUD
Market Cap Rank
#29124 Global
#785 in Australia
Share Price
AU$0.20
Change (1 day)
+0.00%
52-Week Range
AU$0.09 - AU$0.23
All Time High
AU$0.57
Categories
Companies in Australia Steel
About

Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorpora… Read more

Equatorial Resources Ltd (EQX) - Net Assets

Latest net assets as of June 2025: AU$9.47 Million AUD

Based on the latest financial reports, Equatorial Resources Ltd (EQX) has net assets worth AU$9.47 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.66 Million) and total liabilities (AU$190.21K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$9.47 Million
% of Total Assets 98.03%
Annual Growth Rate 9.15%
5-Year Change -73.01%
10-Year Change 21776.48%
Growth Volatility 16777.26

Equatorial Resources Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Equatorial Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Equatorial Resources Ltd (1989–2025)

The table below shows the annual net assets of Equatorial Resources Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$9.47 Million -32.60%
2024-06-30 AU$14.05 Million -1.11%
2023-06-30 AU$14.21 Million -21.94%
2022-06-30 AU$18.20 Million -48.13%
2021-06-30 AU$35.09 Million -17.07%
2020-06-30 AU$42.31 Million +99454.80%
2019-06-30 AU$42.50K +0.65%
2018-06-30 AU$42.22K -0.05%
2017-06-30 AU$42.24K -2.41%
2016-06-30 AU$43.29K -2.88%
2015-06-30 AU$44.57K -9.93%
2014-06-30 AU$49.48K -99.92%
2013-06-30 AU$61.96 Million -31.51%
2012-06-30 AU$90.45 Million +28.94%
2011-06-30 AU$70.15 Million +2170.89%
2010-06-30 AU$3.09 Million +2597.46%
2009-06-30 AU$114.52K -99.46%
2008-06-30 AU$21.18 Million +1489.48%
2007-06-30 AU$1.33 Million -42.15%
2006-06-30 AU$2.30 Million -25.53%
2005-06-30 AU$3.09 Million -12.12%
2004-06-30 AU$3.52 Million +76.18%
2003-06-30 AU$2.00 Million -69.85%
2002-06-30 AU$6.62 Million +7.50%
2001-06-30 AU$6.16 Million +18.23%
2000-06-30 AU$5.21 Million -82.11%
1999-06-30 AU$29.13 Million -3.37%
1998-06-30 AU$30.15 Million +1.01%
1997-06-30 AU$29.85 Million +2110.09%
1996-06-30 AU$1.35 Million +47.61%
1995-06-30 AU$915.00K -27.90%
1994-06-30 AU$1.27 Million +3051.16%
1993-06-30 AU$-43.00K -330.00%
1992-06-30 AU$-10.00K -101.83%
1991-06-30 AU$547.00K +186.39%
1990-06-30 AU$191.00K -52.84%
1989-06-30 AU$405.00K --

Equity Component Analysis

This analysis shows how different components contribute to Equatorial Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 16550963900.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$179.02 Million 1602.68%
Other Comprehensive Income AU$1.53 Million 13.66%
Total Equity AU$11.17 Million 100.00%

Equatorial Resources Ltd Competitors by Market Cap

The table below lists competitors of Equatorial Resources Ltd ranked by their market capitalization.

Company Market Cap
Edesa Biotech Inc
NASDAQ:EDSA
 		$8.75 Million
ARSS Infrastructure Projects Limited
NSE:ARSSINFRA
 		$8.75 Million
Egtronics Co. Ltd.
KQ:377330
 		$8.76 Million
S&K Polytec Co. Ltd
KQ:091340
 		$8.76 Million
Jasper Mining Corporation
PINK:JAMGF
 		$8.74 Million
Chicago Rivet & Machine Co
NYSE MKT:CVR
 		$8.74 Million
Ikena Oncology Inc
NASDAQ:IKNA
 		$8.74 Million
Eastern Power Group Public Company Limited
BK:EP
 		$8.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Equatorial Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 15,308,130 to 11,170,171, a change of -4,137,959 (-27.0%).
  • Net loss of 4,248,307 reduced equity.
  • Other comprehensive income increased equity by 110,348.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-4.25 Million -38.03%
Other Comprehensive Income AU$110.35K +0.99%
Total Change AU$- -27.03%

Book Value vs Market Value Analysis

This analysis compares Equatorial Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.35x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.06x to 2.35x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$3.25 AU$0.20 x
1990-06-30 AU$1.53 AU$0.20 x
1991-06-30 AU$4.40 AU$0.20 x
1992-06-30 AU$-0.06 AU$0.20 x
1993-06-30 AU$-0.24 AU$0.20 x
1994-06-30 AU$11.59 AU$0.20 x
1995-06-30 AU$7.09 AU$0.20 x
1996-06-30 AU$7.58 AU$0.20 x
1997-06-30 AU$52.98 AU$0.20 x
1998-06-30 AU$38.50 AU$0.20 x
1999-06-30 AU$36.10 AU$0.20 x
2000-06-30 AU$5.42 AU$0.20 x
2001-06-30 AU$5.04 AU$0.20 x
2002-06-30 AU$3.99 AU$0.20 x
2003-06-30 AU$0.67 AU$0.20 x
2004-06-30 AU$0.74 AU$0.20 x
2005-06-30 AU$0.54 AU$0.20 x
2006-06-30 AU$0.34 AU$0.20 x
2007-06-30 AU$0.18 AU$0.20 x
2008-06-30 AU$1.14 AU$0.20 x
2009-06-30 AU$0.00 AU$0.20 x
2010-06-30 AU$0.09 AU$0.20 x
2011-06-30 AU$0.78 AU$0.20 x
2012-06-30 AU$0.80 AU$0.20 x
2013-06-30 AU$0.52 AU$0.20 x
2014-06-30 AU$0.00 AU$0.20 x
2015-06-30 AU$0.00 AU$0.20 x
2016-06-30 AU$0.00 AU$0.20 x
2017-06-30 AU$0.00 AU$0.20 x
2018-06-30 AU$0.00 AU$0.20 x
2019-06-30 AU$0.00 AU$0.20 x
2020-06-30 AU$0.35 AU$0.20 x
2021-06-30 AU$0.30 AU$0.20 x
2022-06-30 AU$0.16 AU$0.20 x
2023-06-30 AU$0.13 AU$0.20 x
2024-06-30 AU$0.12 AU$0.20 x
2025-06-30 AU$0.08 AU$0.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Equatorial Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -38.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -743.69%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 0.86x
  • Recent ROE (-38.03%) is above the historical average (-1512.30%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 -546.17% 0.00% 0.00x 1.10x AU$-2.25 Million
1990 -116.75% 0.00% 0.00x 1.03x AU$-242.10K
1991 -254.66% 0.00% 0.00x 1.39x AU$-1.45 Million
1992 0.00% 0.00% 0.00x 0.00x AU$-977.00K
1993 0.00% 0.00% 0.00x 0.00x AU$-148.70K
1994 -51.93% 0.00% 0.00x 1.07x AU$-785.90K
1995 -77.70% 0.00% 0.00x 1.03x AU$-802.50K
1996 -92.94% -1444.63% 0.05x 1.33x AU$-1.39 Million
1997 -3.08% -63.55% 0.05x 1.03x AU$-3.90 Million
1998 0.00% 0.00% 0.00x 1.03x AU$-3.01 Million
1999 -4.57% 0.00% 0.00x 1.04x AU$-4.24 Million
2000 -470.76% -11003.14% 0.04x 1.12x AU$-25.06 Million
2001 -9.84% -7810.57% 0.00x 1.05x AU$-1.22 Million
2002 -22.22% -4600.00% 0.00x 1.01x AU$-2.13 Million
2003 2.55% 45.46% 0.05x 1.08x AU$-152.63K
2004 -1.49% -69.80% 0.02x 1.07x AU$-404.26K
2005 -68.91% -797.13% 0.08x 1.09x AU$-2.44 Million
2006 -97.09% -972.17% 0.09x 1.10x AU$-2.47 Million
2007 -89.17% -39600.00% 0.00x 1.48x AU$-1.32 Million
2008 -6.11% -249.34% 0.02x 1.16x AU$-3.00 Million
2009 -17116.09% -5195.90% 0.96x 3.44x AU$-19.61 Million
2010 -34.70% -1985.19% 0.01x 1.42x AU$-1.38 Million
2011 -9.19% -433.85% 0.02x 1.03x AU$-13.46 Million
2012 -8.23% -229.40% 0.03x 1.06x AU$-16.49 Million
2013 -52.87% -1070872.83% 0.00x 1.06x AU$-38.95 Million
2014 -26404.07% -756076.39% 0.03x 1.04x AU$-13.07 Million
2015 -8831.45% -295939.85% 0.03x 1.02x AU$-3.94 Million
2016 -1912.86% -70769.23% 0.03x 1.00x AU$-832.33K
2017 -2473.63% -93.29% 26.38x 1.01x AU$-1.05 Million
2018 -121.77% -5.14% 23.64x 1.00x AU$-55.64K
2019 3104.13% 125.08% 24.74x 1.00x AU$1.31 Million
2020 -0.39% -24.53% 0.02x 0.98x AU$-4.53 Million
2021 -20.60% -4724.37% 0.00x 0.96x AU$-11.25 Million
2022 -86.75% -13395.16% 0.01x 0.93x AU$-19.25 Million
2023 -26.35% -777.68% 0.03x 1.05x AU$-5.78 Million
2024 -11.51% 0.00% 0.00x 1.04x AU$-3.29 Million
2025 -38.03% -743.69% 0.06x 0.86x AU$-5.37 Million

Industry Comparison

This section compares Equatorial Resources Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $37,132,366
  • Average return on equity (ROE) among peers: -19.03%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Equatorial Resources Ltd (EQX) AU$9.47 Million -546.17% 0.02x $8.75 Million
BCI Minerals Ltd (BCI) $5.03 Million -14.90% 0.04x $342.29 Million
Bisalloy Steel Group Ltd (BIS) $58.08 Million -7.09% 2.55x $82.82 Million
Equinox Resources Ltd (EQN) $15.42 Million -7.94% 0.03x $3.12 Million
FENIX Resources Ltd (FEX) $4.02 Million -19.24% 0.13x $92.21 Million
Grange Resources Ltd (GRR) $3.96 Million 1.34% 0.02x $68.42 Million
GWR Group Ltd (GWR) $31.69 Million -14.29% 0.02x $20.10 Million
Macro Metals Ltd (M4M) $6.30 Million -109.34% 0.21x $9.50 Million
Pearl Gull Iron Ltd (PLG) $-1.88 Million 0.00% 0.00x $2.39 Million
Sims Ltd (SGM) $211.56 Million 0.21% 0.96x $1.85 Billion